SHE:300009 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	250.2	299.18	260.23	324.59	322.56
Short-Term Investments	141.07	-	-	-	-
Trading Asset Securities	1,192	1,145	1,196	842.91	805.43
Cash & Short-Term Investments	1,583	1,444	1,456	1,167	1,128
Cash Growth	9.65%	-0.82%	24.70%	3.50%	26.10%
Accounts Receivable	495.56	492.35	597.44	476.3	543.89
Other Receivables	35.16	30.54	9	11.25	46.96
Receivables	530.73	522.9	606.44	487.55	590.85
Inventory	252.75	297.3	235.22	210.48	181.25
Other Current Assets	28.36	11.03	28.03	45.02	21.53
Total Current Assets	2,395	2,275	2,325	1,911	1,922
Property, Plant & Equipment	1,625	1,584	1,434	1,176	881.34
Long-Term Investments	789.28	515.54	404.38	347.89	188.09
Goodwill	66.56	66.56	66.56	57.6	57.6
Other Intangible Assets	393.66	412.32	450.36	275.64	126.22
Long-Term Deferred Tax Assets	61.5	41.8	29.53	41.8	51.22
Long-Term Deferred Charges	204.8	223.28	223.8	413.28	386.18
Other Long-Term Assets	12.15	17.15	17.1	34.41	56.81
Total Assets	5,548	5,135	4,951	4,257	3,669
Accounts Payable	252.28	215.02	211.7	151.01	141.11
Accrued Expenses	255.35	238.6	328.25	240.6	306.76
Short-Term Debt	-	5	-	3	-
Current Portion of Leases	7.66	10.71	8.81	6.08	3.3
Current Income Taxes Payable	56.39	58.22	43.91	46.88	93.12
Current Unearned Revenue	8.09	19.34	24.43	27.96	19.51
Other Current Liabilities	59.93	120.69	229.98	200.27	62.99
Total Current Liabilities	639.7	667.59	847.08	675.8	626.79
Long-Term Leases	25.29	38.25	47.82	24.06	23.74
Long-Term Unearned Revenue	123.43	121.53	113.52	114.16	107.18
Long-Term Deferred Tax Liabilities	20.57	8.05	10.01	41.14	7.81
Other Long-Term Liabilities	2.31	-	-	-	-
Total Liabilities	811.3	835.41	1,018	855.17	765.52
Common Stock	1,673	1,673	1,677	1,673	1,638
Additional Paid-In Capital	459.5	508.66	519.82	405.73	186.87
Retained Earnings	2,376	2,058	1,767	1,337	961.26
Treasury Stock	-14.55	-114.57	-226.22	-207.41	-
Comprehensive Income & Other	64.76	-	-	-	-
Total Common Equity	4,558	4,124	3,737	3,209	2,787
Minority Interest	178.34	175.63	194.93	193.09	116.97
Shareholders' Equity	4,736	4,300	3,932	3,402	2,904
Total Liabilities & Equity	5,548	5,135	4,951	4,257	3,669
Total Debt	32.96	53.96	56.63	33.14	27.04
Net Cash (Debt)	1,550	1,390	1,399	1,134	1,101
Net Cash Growth	11.54%	-0.66%	23.35%	3.03%	25.04%
Net Cash Per Share	0.93	0.83	0.84	0.69	0.69
Filing Date Shares Outstanding	1,666	1,678	1,661	1,589	1,638
Total Common Shares Outstanding	1,666	1,678	1,661	1,589	1,638
Working Capital	1,755	1,608	1,478	1,235	1,295
Book Value Per Share	2.74	2.46	2.25	2.02	1.70
Tangible Book Value	4,098	3,645	3,220	2,875	2,603
Tangible Book Value Per Share	2.46	2.17	1.94	1.81	1.59
Buildings	767.14	545.04	583.06	564.87	469.79
Machinery	809.14	760.51	624.66	562.37	528.17
Construction In Progress	620.77	799.75	672.51	445.68	228.75

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.